Condominium Owners Report

The COS is part of CMHC's program of work on better understanding the role and prevalence of investors in Canadian housing markets. The report includes survey insights on what motivates condo purchases, how long owners hold on to their units, and the borrower profile of condominium owners whose primary dwelling is a freehold or condominium unit but who also own at least one secondary unit that is a condominium. Due to survey design and cost considerations, the Condo Owners Survey does not cover foreign investors, corporate investors, and Canadian households that own condominium units in Toronto and Vancouver but do not reside in these CMAs.